KUALA LUMPUR: Malaysia has been ranked as the world’s third most competitive Global Business Services (GBS) location, behind India and China, according to an index by global consulting firm Kearney. The firm’s 2021 Global Services Location Index showed that Asian economies continued to take seven spots in the top 10, with India in first place […]
Read MorePETALING JAYA: With inflation affecting some people differently from others, should there be a relook of the consumer price index (CPI) – the widely used gauge to measure inflation? Most economists think so and concurred that the CPI is not a true reflection of price changes in a rapidly evolving economy. The CPI measures the […]
Read MoreKUALA LUMPUR: Business sentiment continued to be positive for the third quarter (3Q) of this year with the confidence indicator of 4.7% compared with 3.5% in the second quarter (2Q), according to the Statistics Department. The services sector anticipated better performance with the confidence indicator of 13.6% in the reference quarter from 5.6% in 2Q, […]
Read MoreKUALA LUMPUR: Malaysia’s leading index (LI) rebounded 5.3% year-on-year (y-o-y) to 111.7 points in June 2022, after a rise of 2.3% in May 2022 (111.3 points), according to the Statistics Department. It said the increase was mainly backed by the increment in real imports of other basic precious and other non-ferrous metals, driven by the […]
Read MoreKUALA LUMPUR: Malaysia’s leading index (LI) rebounded 5.3 per cent year-on-year (y-o-y) to 111.7 points in June 2022 after a rise of 2.3 per cent in May 2022 (111.3 points), said the Department of Statistics Malaysia (DoSM). DoSm said the increase was mainly backed by the increment in real imports of other basic precious and […]
Read MoreKUALA LUMPUR: The Covid-19 pandemic has set back the fight against poverty in Asia and the Pacific by at least two years, and many people in the region will likely find it harder than before to escape poverty, according to the Asian Development Bank (ADB), Bernama reported. In its key Indicators for Asia and Pacific […]
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